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£165,000 Guide Price Mixed use for saleASK Property Group (19 Rowlands) Ltd is an SPV that hold 19 Rowlands Road and the company is made available for sale by the current directors.
A guide price of £165,000 is for the share purchase of ASK Property Group (19 Rowlands) Ltd. Please speak with our team to discuss the current business and the assets and liabilities.
*Please note that the price negotiated will be for the shares of the business and will have to be offered in cash. The existing mortgage held inside the business can remain (subject to criteria being met and lender approval).
Speak with one of our advisors regarding how much capital is required to complete the business purchase and the savings that are possible by buying the shares vs the asset.
The Property
This well-presented, fully licensed mixed-use asset—comprising a 6-bedroom, all ensuite HMO alongside an additional ground floor commercial space—offers a compelling, diversified investment opportunity in a prime Worthing location. Fully tenanted by working professionals, the property generates £63,540 in gross annual income, delivering a solid yield with stable occupancy and reliable cash flow across both residential and commercial elements. Ideally positioned close to the seafront, town centre, and major employers, it benefits from consistently strong tenant demand, while excellent transport connectivity via direct rail links to London and Brighton, along with easy access to the A27 and coastal routes, enhances long-term appeal. Supported by ongoing town centre, seafront, and commercial regeneration, this asset represents a resilient, income-secure investment offering both stability and long-term growth potential in one of the South Coast’s most desirable rental markets.
Committed Sale Process
This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.
If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.
Full details of the Committed Sale process are available within the legal pack or from the HMO X team.
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To make an enquiry for this property, please call us on 0330 4415 888, or complete the form below.